DeFi· ★★★· neutral·

Ripple plans to move payments business onto XRP Ledger by 2027

  • —Ripple aims to move customer payment volume onto XRPL by 2027
  • —The company plans to expand a payment pilot through the XRP Ledger DEX
  • —XRP could be used in lending pools to fund Ripple's payment customers
  • —XRP trades at $1.49, down 1.7% in 24 hours, with open interest flat near $1.45 billion
Why it matters: If Ripple turns XRP into loan capital for payment businesses, it would change the token's role, but the market is not pricing that in yet.
Source: Cryptonews.net